Terminal days for Boris Johnson


Thomas Harding
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Boris Johnson's headache dealing with his increasingly rebellious party is going to be substantial.

The question as to how long his newly cobbled-together government can last until the inevitable next leadership challenge remains.

His authority, following the resignation of chancellor Rishi Sunak and health secretary Sajid Javid, is rapidly slipping away.

Downing Street had hoped the domino effect of resignations would subside after 10 people — from parliamentary private secretaries to trade envoys and ministers — quit government on Tuesday night.

However, the terminal atmosphere for the Johnson resignation continued on Wednesday morning when Will Quince, the children’s minister, left government, rapidly followed by another ministerial aide and another junior minister.

Curiously, The National had spotted Mr Quince on the Commons' terrace on Tuesday evening talking in friendly fashion to well-known Tory rebels just 20 minutes before Mr Javid resigned.

Mr Quince was one of several ministers who had been ordered to go on the airwaves to defend Mr Johnson’s position over the Chris Pincher affair, after the deputy chief whip resigned last Thursday after allegedly groping two men.

Mr Quince had originally stated in interviews that he had been given “categorical assurances” that Mr Johnson was unaware of other allegations about Mr Pincher when he appointed him in February.

Children and families minister Will Quince said he had 'no choice' but to resign.
Children and families minister Will Quince said he had 'no choice' but to resign.

This was subsequently shown to be false, with Mr Johnson claiming on Tuesday he had “forgotten” being told about past complaints over Mr Pincher for which the prime minister apologised.

In his departure letter, Mr Quince said he had accepted the assurances about Mr Pincher in “good faith” and therefore had “no choice” but to resign.

His act was rapidly duplicated by Laura Trott, a ministerial aide in the Department for Transport.

The new chancellor, the widely respected Nadhim Zahawi, was live on air with the BBC when he was told about the resignations. “I am sorry to see Will Quince go... he was my children and families minister and a great minister,” he said. “All I would say to colleagues is people don't vote for divided teams.”

Earlier in the interview, the chancellor, who is expected to cut taxes if he remains in power long enough, was flummoxed for a few seconds when asked if he would be repeating untruths over the Pincher affair.

It was a painful moment. But more of those will inevitably arrive in the coming hours for Mr Johnson.

First, he has to get through Prime Minister’s Questions at noon on Wednesday and then questioning before the influential Liaison Committee at 3pm.

Mr Johnson’s character is such that he is likely to bludgeon his way through the crisis no matter what happens around him. Even if more Cabinet ministers resign, he is likely to cling onto power until it is taken away from him.

That may well happen now more rapidly than expected via the 1922 Committee of backbench MPs, that oversees the Conservative parliamentary party.

Elections to its executive will take place next Wednesday where it is now all but inevitable that anti-Johnson MPs will take the majority. They will almost certainly change the rules within a few days to hold a second no confidence vote before summer recess on July 21.

In the last vote, 148 MPs voted against him, with 211 for. All it now requires is a further 32 MPs to switch their votes to “not having confidence in the Prime Minister” for Mr Johnson to be out.

Vidaamuyarchi

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The National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

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A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

TEACHERS' PAY - WHAT YOU NEED TO KNOW

Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:

- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools

- average salary across curriculums and skill levels is about Dh10,000, recruiters say

- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance

- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs

- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills

- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month

- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues

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Fuel economy, combined: 7.0L / 100km

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home. 

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6.30pm: Maiden Dh165,000 (Dirt) 1,400m. Winner: Rio Angie, Pat Dobbs (jockey), Doug Watson (trainer).

7.05pm: Handicap Dh170,000 (D) 1,600m. Winner: Trenchard, Pat Dobbs, Doug Watson.

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What the law says

Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.

“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.

“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”

If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.

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She is the eldest of three brothers and two sisters

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Enjoys travelling, reading and horse riding

 

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Company: Justmop.com

Date started: December 2015

Founders: Kerem Kuyucu and Cagatay Ozcan

Sector: Technology and home services

Based: Jumeirah Lake Towers, Dubai

Size: 55 employees and 100,000 cleaning requests a month

Funding:  The company’s investors include Collective Spark, Faith Capital Holding, Oak Capital, VentureFriends, and 500 Startups. 

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Updated: July 06, 2022, 9:52 AM